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What Prompts the People's Bank of China to Change its Monetary Policy Stance? Evidence from a Discrete Choice Model
He, Dong; Pauwels, Laurent - Hong Kong Monetary Authority - 2008
In this paper, we model the policy stance of the People¡¦s Bank of China (PBoC) as a latent variable, and the discrete changes in the reserve requirement ratio, policy interest rates, and the scale of open market operations are taken as signals of movement of this latent variable. We run a...
Persistent link: https://www.econbiz.de/10005736330
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Quarterly bulletin / Hong Kong Monetary Authority
Hongkong / Monetary Authority - Hong Kong : [Verlag nicht ermittelbar] - Nachgewiesen 1994,Nov. - 2002,Nov.; Nr. 34.2003 - 53.2007
Persistent link: https://www.econbiz.de/10003521454
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Quarterly bulletin / Hong Kong Monetary Authority
Hongkong / Monetary Authority - Hong Kong : [Verlag nicht ermittelbar] - Nachgewiesen 1994,Nov. -
Persistent link: https://www.econbiz.de/10003521456
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China's monetary policy : quantity versus price rules
Zhang, Wenlang - In: Journal of macroeconomics 31 (2009) 3, pp. 473-484
Persistent link: https://www.econbiz.de/10003888895
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Optimal monetary policy rules : theory and estimation for OECD countries
Zhang, Wenlang - 2004
Persistent link: https://www.econbiz.de/10002604624
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Monetary and fiscal policies in the Euro-area : macro modelling, learning and empirics
Semmler, Willi; Greiner, Alfred; Zhang, Wenlang - 2005 - 1. ed.
Persistent link: https://www.econbiz.de/10002573027
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Structural reform, intra-regional trade, and medium-term growth prospects of East Asia and the Pacific : perspectives from a new multi-region model
N'Diaye, Papa M'B. P.; Zhang, Ping; Zhang, Wenlang - In: Journal of Asian economics 21 (2010) 1, pp. 20-36
Persistent link: https://www.econbiz.de/10009243599
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A new Keynesian model for analysing monetary policy in Mainland China
Liu, Li-gang; Zhang, Wenlang - In: Journal of Asian economics 21 (2010) 6, pp. 540-551
Persistent link: https://www.econbiz.de/10009244523
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Nonlinear Phillips curves, endogenous NAIRU and monetary policy
Semmler, Willi; Zhang, Wenlang - In: Quantitative and empirical analysis of nonlinear …, (pp. 483-515). 2006
Persistent link: https://www.econbiz.de/10003324069
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Asset price volatility and monetary policy rules : dynamic model and empirical evidence
Semmler, Willi; Zhang, Wenlang - In: Economic modelling 24 (2007) 3, pp. 411-430
Persistent link: https://www.econbiz.de/10003429013